The increase in the price of a certain item was 25%. Then the price was decreased by 20% and then again increased by 10%. What is the resultant increase in the price?
10%
Calculation:
Let the price be 100.
It is given that the increase in the price of certain item is 25%.
So, now the prrice becomes 125.
Then the price is decreased by 20%.
So, now the price becomes = 125 - (125 × 0.20) = 100
Then the price again increased by 10%.
So, now the price becomes = 100 + (100 × 0.10)
= 100 + 10 = 110
Initial price = 100, Final price = 110
Resultant increase in price = ((110 - 100)/100) × 100 = 10%
Hence, option 2 is correct.
Important Questions from Successive Selling
By selling a watch at Rs. 840 a person loses 4%. Find the gain or loss if he sold it for Rs. 875?
Gaurav bought some articles at 5 for Rs. 6 and sold them at 10 for Rs. 11. His loss percentage is:
- The selling price of 24 articles is equal to the cost price of 26 articles. If, due to a change in market conditions, the selling price of each article decreases by $10\%$ and the cost price of each article increases by $5\%$, what will be the new gain or loss percentage (correct to two decimal places)?
X sells goods to Y at a profit of 20 percent and Y sells the same goods to Z at a profit of 50 percent. If the cost price for Z is Rs 9000, then what is the cost of the goods for X?
Anil bought some articles at 6 for Rs. 8 and sold them at 10 for Rs. 12. His percentage loss or gain is:
